The Importance of Acquiring Financial Security for Physicians
- PMID: 32682867
- PMCID: PMC7366102
- DOI: 10.1016/j.amjmed.2020.06.019
The Importance of Acquiring Financial Security for Physicians
Abstract
This review tries to make the case that physicians should be adequately rewarded financially so that they can have a clear fiduciary responsibility to do only what is best for their patients without unseemly personal financial gain. To develop financial security, physicians need to save a portion of their income regularly to invest. The stock market is the best place to increase one's monetary worth over a long period.
Keywords: Avoid debt; Avoid divorce; Conservative; Diversification; Dividends; Finance; Frugality; Long-term investor; Save; Stay healthy; Stock market.
Copyright © 2020. Published by Elsevier Inc.
Comment in
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Financial Security for Physicians.Am J Med. 2021 Sep;134(9):e500. doi: 10.1016/j.amjmed.2020.12.024. Am J Med. 2021. PMID: 34462091 No abstract available.
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The Best Practice of Investing for Physicians.Am J Med. 2021 Sep;134(9):e501. doi: 10.1016/j.amjmed.2021.04.004. Am J Med. 2021. PMID: 34462092 No abstract available.
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